1. Hard-earned trust can quickly disappear when violated, which can hampe organizational performance." Can you think of an instance when an organization lost the trust of its employees or stakeholders? If trust is so valuable, how could managers allow this to happen? 2. Briefly illustrate what is Ethical Behavior in a Business Environment- 3. Briefly describe some of the business ethics issues you have observed in workplace How do you handle a situation where something is not in compliance with the ethical standards- 4. Have you ever had the challenge of taking the longer route to get something done to adhere to the ethical standards? Briefly describe it- Have you ever suffered for doing what was right? How did you handle it?

1. Hard-earned trust can quickly disappear when violated, which can hampe organizational performance." Can you think of an instance when an organization lost the trust of its employees or stakeholders? If trust is so valuable, how could managers allow this to happen? 2. Briefly illustrate what is Ethical Behavior in a Business Environment- 3. Briefly describe some of the business ethics issues you have observed in workplace How do you handle a situation where something is not in compliance with the ethical standards- 4. Have you ever had the challenge of taking the longer route to get something done to adhere to the ethical standards? Briefly describe it- Have you ever suffered for doing what was right? How did you handle it?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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